Kronos Worldwide (NYSE:KRO) Upgraded at StockNews.com

Kronos Worldwide (NYSE:KRO) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Monday.

Separately, Barclays upped their target price on shares of Kronos Worldwide from $9.00 to $10.00 and gave the stock an “underweight” rating in a report on Wednesday, September 25th. Two investment analysts have rated the stock with a sell rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Kronos Worldwide has a consensus rating of “Hold” and a consensus target price of $12.00.

Kronos Worldwide Price Performance

KRO stock traded up $0.03 during trading on Monday, hitting $9.54. The company had a trading volume of 106,208 shares, compared to its average volume of 157,264. The company has a current ratio of 2.68, a quick ratio of 1.30 and a debt-to-equity ratio of 0.56. The company has a fifty day moving average price of $10.24 and a two-hundred day moving average price of $11.16. Kronos Worldwide has a fifty-two week low of $8.26 and a fifty-two week high of $14.50. The company has a market cap of $1.10 billion, a P/E ratio of 11.77 and a beta of 1.16.

Institutional Trading of Kronos Worldwide

Several large investors have recently made changes to their positions in the business. nVerses Capital LLC raised its holdings in shares of Kronos Worldwide by 83.3% in the third quarter. nVerses Capital LLC now owns 4,400 shares of the specialty chemicals company’s stock valued at $55,000 after buying an additional 2,000 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Kronos Worldwide in the 3rd quarter valued at about $67,000. Point72 Asia Singapore Pte. Ltd. raised its stake in shares of Kronos Worldwide by 1,086.7% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 9,600 shares of the specialty chemicals company’s stock worth $120,000 after acquiring an additional 8,791 shares during the last quarter. Jade Capital Advisors LLC bought a new position in Kronos Worldwide in the 3rd quarter worth approximately $124,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Kronos Worldwide during the second quarter worth $131,000. Institutional investors own 15.11% of the company’s stock.

Kronos Worldwide Company Profile

Kronos Worldwide, Inc produces and markets titanium dioxide pigments (TiO2) in Europe, North America, the Asia Pacific, and internationally. The company produces TiO2 in two crystalline forms, rutile and anatase to impart whiteness, brightness, opacity, and durability for various products, including paints, coatings, plastics, paper, fibers, and ceramics, as well as for various specialty products, such as inks, foods, and cosmetics.